Wealth Banker- Pipeline Sandton

Absa Group; Sandton; On-site; ZAR 500,000 - 900,000; Full time

Job summary

Join a forward-thinking bank where you will manage and grow a portfolio of high net worth clients. This role offers the opportunity to provide specialized banking, lending, and foreign exchange services while developing tactical strategies to meet targets. You will be the key contact for client relationships, ensuring the highest levels of service delivery and compliance with regulatory standards. If you are passionate about client service and financial advisory, this is the perfect opportunity to shape your career in a dynamic environment that values diversity and growth.

Qualifications

• Required postgraduate degree in Business, Commerce, or Management Studies.
• Strong client relationship management and financial analysis skills.

Responsibilities

• Manage and grow a portfolio of high net worth clients and businesses.
• Conduct quarterly meetings and annual credit reviews for clients.
• Ensure compliance with global standards and regulatory requirements.

Skills

Client Relationship Management

Financial Analysis

Credit Advisory

Transactional Banking

Regulatory Compliance

Education

Postgraduate Degree in Business

Professional Qualifications in Commerce

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Manage and grow a portfolio of high net worth clients, trusts, investment holding companies and businesses, servicing their banking, lending and foreign exchange requirements. Provide specialist advice and support in the development of tactical strategy and plans. AND/OR provide specialist advice and support in terms of practice formulation and associated best practice improvements.

Job Description

1. New Business Organisation: Devise short term tactical plans to meet annual budget and targets up to a 6 to 12 month timeframe. Identify, develop and source new High Net Worth and Ultra High Net Worth relationships through personal and client referrals, Absa Group Limited internal networks and fostering greater collaboration within group and WIMI business unit. Achieve personal targets for new and existing clients for Transactional Banking, Credit, FX. Make a contribution to referring relevant business to other parts of Wealth Advisory and/or the broader Absa Group Limited.
2. Client Service - Manage and Grow Existing Client Relationships: Conduct quarterly meetings with each client in your designated portfolio. Undertake annual credit reviews to assess the health of your Clients' financial position, with cooperation from the various teams in the region. Maintain the highest levels of service and delivery to existing clients at all times, ensuring that all teams of specialist support within the region work together to deliver client experience. Act as the key contact point for all client advice on Transactional Banking, Credit, FX. Assist in the liaison with various internal stakeholders to assist in achieving business objectives in Structured Lending, Advisory, FX, SSG and Investment Banking fees.
3. Client Relationship Management: Maintain the highest levels of service and delivery to existing clients at all times. Be the key contact for all banking and credit (vanilla credit) advice and client queries. Serve as the key interface between clients and other parts of Absa Group Limited/WIMI and the wider Absa Group Limited.
4. Involvement in Credit Related Tasks: Engage in client interaction including gathering of information related to Transactional Banking, Credit, FX ensuring efficient client interactions. Accountable for providing information related to the security status reports and performance of financial analysis. Ultimately responsible for ensuring that credit review processes are conducted on time. Liaise with the product houses to ensure credit tasks related to clients in terms of credit reviews, overdrafts and home loans are completed.
5. Governance and Control: Ensure conformity with global and market standards of client services, regulatory compliance, KYC, product delivery and operating model. Ensure that all actions are in line with procedures according to the Front Office manual.
6. Query Resolution: Undertake query resolution related to client portfolio. Act as the escalation point for serious issues related to client complaints.
7. Operational Support: Provide accurate and timely preparation of file notes, client letters and other client documentation (e.g. marketing material) for all client meetings and follow up as required. Act as focal point for clients dealing with day-to-day administration across the range of services and products.

Education

Postgraduate Degrees and Professional Qualifications: Business, Commerce and Management Studies (Required).

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.